China accounts for over 90% of global dysprosium production, a rare earth metal used alongside neodymium to create high-performance magnets essential for audio electronics and other consumer devices
During a Cabinet meeting, President Donald Trump addressed several issues, beginning with Usha Vance’s Greenland visit, which he characterized as a gesture of "friendliness, not provocation." He emphasized that officials from Greenland were reaching out to the U.S., expressing interest in proper protection and support. Trump suggested that U.S. control of Greenland could be a possibility in the future, citing national security reasons. He also mentioned that Secretary of State Marco Rubio might visit Greenland soon, as officials there had requested U.S. involvement. Additionally, Trump announced a forthcoming deal with Ukraine on minerals and rare earths. In his remarks on the ongoing Russia-Ukraine conflict, he highlighted discussions about territorial lines and nuclear plants during ceasefire talks in Saudi Arabia. Trump reiterated his idea of the U.S. taking control of the Zaporizhzhia nuclear power plant, noting the country’s expertise in operating such facilities.
As lunar mining becomes a reality, nations and private firms are racing to extract moon resources. But what are the benefits and risks, and who owns the moon?
According to the government's chief economic adviser, if macroeconomic stability is interpreted more broadly than just fiscal and monetary stability, then the current conditions could lead to more instability instead of less
China, the world's biggest producer of rare earth metals, is likely to turn an importer of the vital industrial ingredients by as early as 2014 as it boosts consumption in domestic high-tech industries rather than just shipping raw material overseas.